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COINTURK NEWS > Meme Token > Dogecoin Leads the Meme Coin Market
Meme Token

Dogecoin Leads the Meme Coin Market

In Brief

  • Dogecoin continues to dominate the meme coin market.

  • SHIB shows a negative trend, unlike DOGE.

  • PEPE solidified its third position after consecutive ATHs.

COINTURK NEWS
COINTURK NEWS 2 years ago
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One of the biggest uncertainties in cryptocurrencies, meme coins, is taking a different turn day by day. The process initiated by Dogecoin (DOGE) in the past evolved into a different appearance with SHIB’s follow-up, and after them, hundreds or even thousands of meme coins emerged. In addition to the meme coins that marked 2023, a full meme coin craze was experienced in March 2024, led by the meme coins of the Solana network. So, what is happening at the top of these coins right now?

Contents
How Much is Dogecoin Worth?SHIB Latest StatusPEPE, WIF, FLOKI Price Overview

How Much is Dogecoin Worth?

DOGE, which is at the top of the meme coins, has continued to dominate the market since its inception. DOGE’s pioneering role in the sector and having the support of Elon Musk had fully enabled it to take over the market.

Looking at the latest situation of DOGE, it was seen to be 7.4 billion dollars away from its closest rival, SHIB. Recent examinations showed that DOGE exhibited signs of an increase in the last 24 hours contrary to the market, and after a 1.51% rise, it reached the level of 0.1243 dollars.

Additionally, DOGE’s 24-hour trading volume was at the level of 732 million dollars, which meant an increase of over 12%.

SHIB Latest Status

The appearance of Shiba Inu, the number two of meme coins, was negative unlike its rival DOGE. SHIB price, as of the time of writing, continues to stay at the level of 0.00001795 dollars after a 1% decrease in the last 24 hours, while in March, the price was seen to rise again to 0.000042 dollars.

During this period, SHIB’s market cap fell to 10.578 billion dollars, yet it is still approximately 6 billion dollars away from its follower PEPE. Additionally, its 24-hour trading volume continues to stay at the level of 827 million dollars.

PEPE, WIF, FLOKI Price Overview

PEPE, which marked the summer of 2023 during the market stagnation, briefly lost its place to WIF but later solidified its position in third place after consecutive ATHs.

After a 3.06% decrease in the last 24 hours, PEPE is at the level of 0.00001097 dollars, with a market cap of 4.612 billion dollars. Its trading volume is around 827 million dollars, placing it above all other high-volume meme coins.

Looking at WIF, its price fell below 2 dollars, finding buyers at the price level of 1.92 dollars after a 5.74% decrease. On the other hand, FLOKI, which has been frequently mentioned recently, has a price level of 0.0001738 dollars after a 1.78% increase, giving confidence to its investors.

You can follow our news on Telegram, Facebook & Coinmarketcap & X
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 21 June, 2024 - 4:23 am 21 June, 2024 - 4:23 am
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